Micron (MU) shares closed near $1,075 on October 2 after a modest pullback, supported by the company’s fiscal Q4 2026 results released September 30 that showed revenue of $54.23 billion and adjusted EPS of $33.42, both well above consensus, driven by explosive AI-related demand for high-bandwidth memory. Full-year revenue reached $133.2 billion, up 256 percent, with gross margins expanding sharply amid industry supply constraints. Analysts have largely maintained Buy ratings with price targets clustered above $1,500, citing long-term supply agreements and expectations for continued pricing power into 2027. For the week of October 5, options expiry on the 5th with max pain near $1,055 and the absence of major new catalysts beyond ongoing semiconductor sector flows will likely shape near-term price action around current levels.